ENGIE Energia Chile SA
SGO:ECL
ENGIE Energia Chile SA
Engie Energia Chile SA engages in the generation and sale of electricity. The company is headquartered in Las Condes, Santiago and currently employs 970 full-time employees. The Company’s activities comprise the production, transportation and distribution of electric energy and natural gas; the purchase, sale and transportation of liquid, solid and gaseous fuels; as well as the provision of engineering consulting services. The firm operates through such subsidiaries as Electroandina S.A., Gasoducto Nor Andino S.A., Gasoducto Nor Andino Argentina S.A., Central Termoelectrica Andina S.A., Energia del Pacifico Ltda., Edelnor Transmision S.A., Distrinor S.A. and Inversiones Hornitos S.A. The firm is owned by GDF Suez Energy Chile SA.
Engie Energia Chile SA engages in the generation and sale of electricity. The company is headquartered in Las Condes, Santiago and currently employs 970 full-time employees. The Company’s activities comprise the production, transportation and distribution of electric energy and natural gas; the purchase, sale and transportation of liquid, solid and gaseous fuels; as well as the provision of engineering consulting services. The firm operates through such subsidiaries as Electroandina S.A., Gasoducto Nor Andino S.A., Gasoducto Nor Andino Argentina S.A., Central Termoelectrica Andina S.A., Energia del Pacifico Ltda., Edelnor Transmision S.A., Distrinor S.A. and Inversiones Hornitos S.A. The firm is owned by GDF Suez Energy Chile SA.
Consistent Performance: Engie Energia Chile delivered strong results in Q3 2025, maintaining robust operational and financial metrics despite challenging conditions.
EBITDA Growth: EBITDA reached $521 million for the first nine months, up $97 million from last year, driven by increased electricity margins, new renewable projects, and a favorable arbitration award.
CapEx Focus: The company invested $604 million YTD, with a CapEx guidance of $900–$975 million for the year, mostly directed toward renewables and battery storage.
Renewables Expansion: Three projects reached COD in 2025, adding 468 MW of renewable capacity. The first battery project (116 MW) is fully energized and expected to reach COD in H1 2026.
Portfolio Transition: The generation mix is rapidly shifting from coal to renewables and batteries. By 2027, 71% of installed capacity is expected to come from renewables and storage.
Guidance Confirmed: Management reaffirmed EBITDA guidance of $650–$700 million and net debt/EBITDA target of 3.3x for year-end.
Solid Balance Sheet: Net debt to EBITDA stands at 3.4x, and recent green bond/loan issuances have strengthened the funding profile.
